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Substantial Commercial Opportunity with Uplift

45 Princess Street, Riccarton

Industrial Buildings
dollar

Negotiation

Floor area
2775m2
Land area
5434m2
Covered park
53
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Property details

Listing # CIC63957 | Listed on 6 May

A very real opportunity now exists to secure a prime commercial asset with scale and size.

45 Princess Street, formerly Whitebait TV Studios, is partially leased and now available for sale. Well suited to commercial property investors, owner occupiers, developers and speculators, the property offers ample scope for adding value and providing uplift to your investment.

Offering flexibility and multiple tenancies, there is the opportunity to set up a split-risk, multi-tenanted investment property or utilise for your own business. Comprising of warehousing and offices, ample onsite carparking, this city fringe property handy to good arterials is ripe for re-purposing.

Whether you are considering a property for your own use or as an investment, there is excellent staff facilities with a total of 2775.71m2 of combined office and warehousing space, ample carparking for staff and clients, this space is a must to inspect.

  • Lettable Floor Area: 2775.71m2
  • Land Area: 5434m2
  • Onsite Carparks: 53
  • NBS: 70-90% (DSA completed by Jacobs NZ Ltd 30 January 2015)
  • Warehousing: from 764m2
  • Expansive offices that can be reconfigured and re-purposed

Add value to this expansive city fringe property and reap the rewards.

To arrange an inspection, please contact Paul Middleditch on 027 276 7047 or paul.middleditch@naiharcourts.co.nz

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